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Monday, March 11, 2019

Raffles Medical

Chart wise, looks bearish! Looks like it may go down to retest 1.05 .

Failing to hold at 1.05, perhaps we may see it slide further down towards 1.00 level.


 Dividend of 2.5 cents . Yield is 2.3%. EPS is about 4 cents . PE 27x.

I think I would patiently wait for 1.00 to come back which is trading at PE 35x.


Not a call to buy or sell. Pls dyodd.

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